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Gross spread

Definition:

The fraction of the gross proceeds of an underwritten securities offering that is paid as compensation to the underwriters of the offering.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Qualifying share

Shares of common stock that a person must hold in order to qualify as a director of the issuing corporation.

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